View Block
Market Update
View Block
December 2024
U.S. Steel Capacity Utilization: The total tonnage for the week ending November 30th was 1.638 million net tons, at a capacity utilization rate of 73.8%. The year-to-date tonnage output is 81.823 million net tons, at an average capacity utilization rate of 76.7%. In 2023, the same output total was 79.956 million net tons, at an average capacity utilization of 75.2%.
November 2024
U.S. Steel Capacity Utilization: The total tonnage for the week ending October 26th was 1.660 million net tons, at a capacity utilization rate of 74.7%. The year-to-date tonnage output is 73.629 million net tons, at an average capacity utilization rate of 77.0%. In 2023, the same output total was 73.191 million net tons, at an average capacity utilization of 75.4%.
October 2024
U.S. Steel Capacity Utilization: The total tonnage for the week ending September 28th was 1.646 million net tons, at a capacity utilization rate of 74.1%. The year-to-date tonnage output is 67.112 million net tons, at an average capacity utilization rate of 77.5%. In 2023, the same output total was 66.388 million net tons, at an average capacity utilization of 75.5%.
U.S. Capacity Utilization was 78.2% in June, flat month on month (m/m). Mexico Capacity Utilization was 81.1% in June, down 2.0% month on month (m/m). Canada Capacity Utilization was 79.1% in June, up 0.6% quarter on quarter (q/q).
September 2024
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 39,375 tons in July 2024, increasing 4% month over month (m/m). Mexico and Canada, combined, account for 82% of the total this month. Laredo, TX was the largest receiver of merchants this month, receiving 14,640 tons of the total.
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 84,359 tons for July 2024, up 132% since last month. Spain was the largest exporter of beams with 24,779 tons this month (29%). The Houston-Galveston, TX port was the largest receiver of beams this month, receiving 30,422 tons.